The Economy Is Booming!

+++Today I return to the chemo chair so I do not know how I shall feel afterwards so this may be my only offering for today.  I apologize.+++

 

I am really sick of these bastards that push this mound of fecal matter….the media and especially Donny…the average person sees NO benefit from the economy that we are told is going great guns.

The only sector that is ‘booming’ are those financial twats that manipulate the markets…..they are making money….but Betty Jo is not and she is paying 20% more for just about everything.

Then if you want sticker shock then I suggest you try grocery shopping…..then telling that the economy is booming.

A year into President Trump’s second term, the grocery checkout line is telling a very different story than the one coming from the White House. While Trump told a Detroit crowd this week that “grocery prices are starting to go rapidly down,” federal data released the same day show the cost of food at home is still climbing—and at the fastest monthly pace in years, the New York Times reports. According to the Bureau of Labor Statistics, supermarket prices rose 2.4% over the past year and 0.7% in December, the sharpest monthly jump since October 2022. Dining out costs rose by about the same amount last month, the biggest monthly jump since 2022, per Axios.

Some staples have surged far more: beef is up 16.4% from a year ago, coffee nearly 20%, lettuce 7.3%, and frozen fish 8.6%. Ground beef hit a record $6.69 a pound in December; it was $5.61 a year prior. Eggs are a rare bright spot, down about 21%, and many dairy prices have slipped—but five of six major grocery categories are higher, and overall food prices are now almost 26% above where they were five years ago. NPR has tracked Walmart grocery prices at a Georgia location since 2018, and reports that on average, prices of the staples they track went up 5% over the past year.

Experts say there’s no single culprit. Weather, fertilizer, machinery, fuel, and shifting consumer tastes all play a role, while a yearslong drop in cattle herds is keeping beef prices elevated. Trump’s own policies are also in the mix: tariffs have made imported items like coffee, bananas, and some tropical produce more expensive and pushed up the cost of packaging materials such as aluminum. Immigration crackdowns have also tightened farm labor in some regions, forcing crops to rot in fields in some states.

Low-income shoppers are feeling the increases first and hardest, especially those who temporarily lost SNAP benefits during last year’s government shutdown. Grocery executives say many are trading steak for ground beef, stocking up less, shifting to store brands, and chasing promotions—and they’re now seeing similar behavior from middle-income households. With the Agriculture Department expecting roughly similar grocery inflation again next year, Democrats are leaning into affordability ahead of November’s midterms, arguing that Republicans presiding over still-rising food costs can’t credibly claim victory over inflation. As Axios reports, “broad inflation relief is little consolation for Americans if they aren’t seeing it reflected in grocery bills.”

And to make things worse that idiot that sits in the Golden Throne keeps lying his ass off about prices are dropping rapidly….would someone please tell him to STFU or provide PROOF…..which he cannot do for there is no proof for his damn lies.

If you support that man please inform me to why it is that you think he deserves your support.  (I doubt there will be any truthful answers just regurgitation from the morons in DC)

I Read, I Write, You Know

“lego ergo scribo”

8 thoughts on “The Economy Is Booming!

  1. The only people booming are the billionaires, and the Trump family. He coudn’t give a rat’s ass about anyone else. ($100 a week for groceries is quite reasonable, by UK standards.)
    Best wishes, Pete.

      1. I think produce like vegetables and fruit was always much cheaper in the US than over here, so you probably notice the price increases more. Ours have stayed more stable. Good luck with the doctors my friend.

  2. I hope you get through the treatment without serious problems. Hang in there my friend, we’re all rooting for you.

    as for the economy… Trump is living in a fantasy world, as are his cronies. Trump’s never had to go grocery shopping in his life. He’s never had to pinch pennies or be afraid of being evicted from his home or anything else. and neither do the people who back him. They have no idea what it is like to try to survive out here in the real world. I admit I’m probably better off financially than the average person out there but even we’re feeling it. Our electric rate just went up 20%. Our water and sewer rates just went up about 40%. The only beef we buy is ground beef and then only when it’s on sale. The coffee we like just went from $17 to $21 last week. Eggs have come down to a more reasonable level but they are STILL almost twice what they cost before all of this crap hit. They dropped to $2/doz. here but before this hit us they were about $1

    1. Thanx my friend….treatment kicks my butt and next week I must go for a biopsy…..not looking forward to that.

      It is always the same these tools equate markets booming to the rest of us are as well….my utilities just increased as well…..my coffee has gone up as well….but yet all is just ducky according to the prez and the media. chuq

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